Looking for a Credit Card Processing Company

[NATURE]

Hey everyone.  I'm planning on opening in about 3 weeks and am looking for a credit card processing company.  Are there any geared for our type of business?  Does anyone recommend Intuit for it's ease of integration with Quickbooks?  I'll be doing around $10,000 a month in CC payments averaging $200.00 per RO.  Payments are predominately Visa or Mastercard swiped.  A very small percentage of Amex, Discover or over the phone.  If there is a company name that a lot of you experienced members would recommend, I would like to hear it.

[Alex]

@NATURE I edited your topic title a bit, hopefully you'll get some responses from members who can help you out. 😉

[dennisg2]

What shop management software are you using?

[Topauto]

After  two weeks of research we chose Dharma merchant services several years ago  No BS - no contracts . First month we saved over $250 real dollars.  Google check them out for your self

[Rick Nicewonger]

I use paypal, only 2.76% fee and instant transfer!

Edited March 4, 2019 by Rick Nicewonger

[Andre R]

We have been using Heartland for about 8 years now, our charge has been a steady 2%.

[NATURE]

Thanks for the responses.  I'm using Shopkey right now but I don't really like it.  I preferred Alldata for management software but I do like Mitchell's labor time guide better.  I'm thinking about going back to Alldata, or something else and getting a separate labor time guide like real -time.  My local processor is offering 1.5 to 1.8% including transaction fee and $11 a month.  He does several automotive shops around here and these are the fees they are seeing.  From your responses it looks like this may be a good deal.

[RMF]

Hey NATURE, those do sound like pretty good rates.  When we took over our shop about 4 yrs ago, we looked around a bit as well and came to find Elevon to be pretty reasonable and they are running on average about 2% - 2.1% per month.  It seems as though CC Processing companies are getting a little more competitive now days and I have been recently seeing rates in the range you are describing.  I have been pondering switching myself after seeing I paid about $4k in processing fees last year.  More of that in my pocket would be a good thing!

[NATURE]

Thanks for all the responses.  I went with the local guy(Capital Bankcard), though Elevon was my second choice.  For those of you doing high volume(over 10K/month), you might want to look into Fattmerchant.  

• Flat monthly subscription of $99 + 8 cents per transaction + direct cost of interchange
• One time cost of $250 for counter terminal
• No contracts, no fees to cancel

[christopher_scarpine]

On 3/3/2019 at 4:57 PM, Rick Nicewonger said:

I use paypal, only 2.76% fee and instant transfer!

That's actually a really high rate, flat rates are never the way to go because cards with that high of a percent are super rare. 

[Transmission Repair]

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